NEW YORK, Apr 03, 2012 (BUSINESS WIRE) -- New York Life Capital Partners, a private equity affiliate of New York Life Investments, today announced the successful closing of its third mezzanine fund. NYLCAP Mezzanine Partners III, LP (the “Fund”) held its final close on March 30, 2012, with total commitments of $980 million, more than a 20 percent increase than its predecessor fund(1).
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